Hapag-Lloyd AG (XTER:HLAG)
€ 170.9 6.7 (4.08%) Market Cap: 30.04 Bil Enterprise Value: 27.44 Bil PE Ratio: 9.83 PB Ratio: 1.54 GF Score: 82/100
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Q4 2022 Hapag Lloyd AG Earnings Call Transcript

Mar 02, 2023 / 01:00PM GMT
Release Date Price: €284.4 (+0.78%)
Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome, and thank you for joining the Hapag-Lloyd Analyst and Investor Annual Report Full Year 2022 Results Conference Call. Hapag-Lloyd is represented by Rolf Habben Jansen, CEO; Mark Frese, CFO; and Heiko Hoffmann, Head of IR. (Operator Instructions)

It's my pleasure, and I would now like to turn the conference over to Rolf Habben Jansen, CEO. Please go ahead, sir.

Rolf Habben Jansen
Hapag-Lloyd Aktiengesellschaft - Chairman of the Executive Board & CEO

Thank you very much, and thanks, everybody, for joining either call or the webcast for the investor presentation from our end, where we'd like to talk a little bit about 2022, but of course, also looking a little bit ahead into '23.

Maybe a couple of opening remarks from my end. I think when looking at the year '22, it was essentially a year of 2 halves, where in the first half of the year, we still had congestion, strong demand and high rates, whereas in the second half, congestion eased on the back of all the things

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